Home Sales Down in January Despite Expectations

Although housing market analysts expected stronger home sales in January due to lower home mortgage interest rates and improving inventory conditions, sales were down over 8 percent when compared to a year earlier. However, with both wages and inventory growing, market experts remain hopeful that a market recovery will occur in the spring in Georgia and around the country.

Buying or refinancing a home in metro Atlanta or anywhere else in Georgia? Contact Peachtree Mortgage Services at 770.481.0052 or peachmg@bellsouth.net.